Janus Henderson AAA CLO ETF (JAAA)

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The chart shows the growth of an initial investment of $10,000 in Janus Henderson AAA CLO ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Janus Henderson AAA CLO ETF (JAAA) has returned 0.99% so far this year and 6.76% over the past 12 months.

Based on dividend-adjusted daily data since Oct 19, 2020, JAAA's average daily return is +0.02%, while the average monthly return is +0.36%. At this rate, your investment would double in approximately 16.1 years.

Historically, 87% of months were positive and 13% were negative. The best month was Nov 2022 with a return of +1.5%, while the worst month was May 2022 at -1.8%. The longest winning streak lasted 34 consecutive months, and the longest losing streak was 2 months.

On a daily basis, JAAA closed higher 59% of trading days. The best single day was Aug 5, 2022 with a return of +0.6%, while the worst single day was Apr 10, 2025 at -1.0%.

Janus Henderson AAA CLO ETF has an annualized alpha of 4.30%, beta of 0.02, and R² of 0.02 versus S&P 500 Index. Calculated based on daily prices since October 20, 2020.

• This ETF captured 9.45% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -7.40%) — a profile typical of hedging or uncorrelated assets.
• Beta of 0.02 may look defensive, but with R² of 0.02 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.02 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

JAAA has an expense ratio of 0.21%, which is considered low.

JAAA ranks 96 for risk / return — in the top 96% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Janus Henderson AAA CLO ETF (JAAA) and compare them to a chosen benchmark (S&P 500 Index).

Janus Henderson AAA CLO ETF provided a 5.13% dividend yield over the last twelve months, with an annual payout of $2.59 per share.

The table displays the monthly dividend distributions for Janus Henderson AAA CLO ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Janus Henderson AAA CLO ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Janus Henderson AAA CLO ETF was 2.64%, occurring on Jul 19, 2022. Recovery took 107 trading sessions.

The chart below shows the rolling one-month volatility.